The Cherokee Nation (Western)

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Sunday, May 23, 2010

Economic Development

  • After the Trail of Tears ended, the Cherokee Nation soon began to rebuild itself in its new homeland, developing schools, colleges, churches, businesses and the first newspaper in Indian Territory.
  • The years between the removal and the 1860s were called the "Cherokee Golden Age”, a period of prosperity for the tribe.
  • 1990 -
    • The Cherokee Nation Entertainment began operating as a Cherokee Bingo Outpost in Roland, Okla., with 83 employees.
    • Later the property would become Cherokee Casino Roland and two more casinos in Tulsa and West Siloam Springs would follow.
    • By 2006, they had a total of 7 casinos in Cherokee communities.
  • The Cherokee Nation now operates several successful business enterprises, encompassing multiple industries, including aerospace manufacturing, construction, environmental services and professional services.
  • 2009 - The CNE is the retail, gaming, entertainment, hospitality and cultural tourism entity of the Cherokee Nation. CNE operates:
    • 7 casinos in northeastern Oklahoma
    • Cherokee Travel Plaza
    • 2 Cherokee Outpost convenience stores
    • 6 retail tobacco shops
    • 4 gift shops
    • 2 golf courses
    • A horse racing facility
    • 3 hotels
  • Today –
    • CNE’s total revenue has reached $441.2 million and employs more than 3,400 people throughout northeastern Oklahoma and northwestern Arkansas.
    • For the past two years, CNE has been voted the number one company to work for in Oklahoma by Oklahoma magazine.
    • 100 percent of the profit benefits the Cherokee Nation.
    • CNE has contributed more than $57.6 million, nearly $19 million in 2008 alone, to the state of Oklahoma for public education and horse racing industry as a part of the 2004 gaming compact.

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